Japan Airlines (OTCMKTS:JAPSY) Posts Earnings Results

Japan Airlines (OTCMKTS:JAPSY) released its quarterly earnings data on Monday. The company reported $0.03 earnings per share for the quarter, Zacks reports. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%.

Japan Airlines Price Performance

Shares of Japan Airlines stock opened at $9.20 on Monday. Japan Airlines has a fifty-two week low of $7.55 and a fifty-two week high of $11.00. The company has a market cap of $7.96 billion, a PE ratio of 8.93 and a beta of 0.42. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.38. The firm has a fifty day moving average price of $8.71 and a two-hundred day moving average price of $8.74.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Japan Airlines presently has a consensus rating of “Buy”.

Japan Airlines Company Profile

Japan Airlines (OTCMKTS:JAPSY) is the flag carrier of Japan, providing both scheduled passenger and cargo air transportation services. The company operates a comprehensive network of domestic and international flights, connecting major cities across Asia, Europe, North America and Oceania. In addition to its core passenger services, Japan Airlines offers charter operations, cargo logistics and maintenance support through its technical services division.

The airline’s network is centered on its primary hubs at Tokyo’s Haneda and Narita airports.